Paramount proposes securitisation exercise

KUALA LUMPUR (Oct 26): Under a securitisation exercise to streamline group assets and achieve a more efficient capital structure, Paramount Corp Bhd has proposed to dispose of three of its tertiary education campuses to a special purpose vehicle for a combination of cash amounting to RM420 million and new cumulative redeemable non-convertible preference shares in the vehicle.

READ MORE

Paramount Property on track to meet RM1bn sales target

PETALING JAYA (Aug 24): Property developer Paramount Property Development Sdn Bhd is on track to meet its full year sales target of RM1 billion with its 1H2018 sales already hitting RM598 million, said Paramount Corp Bhd group CEO and director Jeffrey Chew at an analyst and fund manager’s briefing for Paramount Corporation’s 1H2018 financial results today.

READ MORE